Surprise...surprise....surprise. Did anyone really expect the "Super" Committee to actually come up with a solution? I didn't. The two sides both have equally deep-held beliefs on how to fix the country's economy. The only problem is that the two solutions happen to be diametrically opposed.
One side believes that government spending funded by higher marginal tax rates and management of the economy through regulation will stimulate economic growth. The other side believes that reducing the regulation on businesses and lowering taxes will be an incentive for private growth.
Everyone talks about how our government is "broken" or that it is "dysfunctional". I disagree. The system is working exactly like it is supposed to. The problem is that the viewpoints of the two political parties are so perfectly opposed to each other that there isn't any room for compromise anymore. Any middle ground solution will require each party to give in on what they believe is actually good for the country. Therefore, no compromise.
If history has taught us anything, it is that wars are never permanently resolved through compromise. One side has to entirely destroy the other. Until that happens here (in a metaphorical sense) there won't be any resolution. One side needs to win.
If I correctly understood the way the supercommitte was set up then I believe it was unconstitutional from the gitgo and am glad it failed
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